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Spares Scaling

The application calculates, by Monte Carlo Simulation, the fleet availability (Service Level - SL) achieved by operating a number of fleet assets under specified scenarios

The application calculates, by Monte Carlo Simulation, the fleet availability (Service Level - SL) achieved by operating a number of fleet assets under specified scenarios

Spares Scaling

by Konstantinos Ladiellis
Spares Scaling
Spares Scaling
Spares Scaling

What is it about?

The application calculates, by Monte Carlo Simulation, the fleet availability (Service Level - SL) achieved by operating a number of fleet assets under specified scenarios. Each scenario examines a single repairable component/unit of the asset for which a specified number of spares (rotables) are kept in stock.

Spares Scaling

App Details

Version
1.50
Rating
NA
Size
1Mb
Genre
Utilities Education
Last updated
June 22, 2024
Release date
April 18, 2023
More info

App Store Description

The application calculates, by Monte Carlo Simulation, the fleet availability (Service Level - SL) achieved by operating a number of fleet assets under specified scenarios. Each scenario examines a single repairable component/unit of the asset for which a specified number of spares (rotables) are kept in stock.
Inputs required are the number of fleet assets, the annual rate of fleet operational usage (e.g. 2000 hours per year), the number of installed components per asset, the number of spare components kept, the reliability of the component and finally its time Turn Around Time (TAT). This is the time needed to repair the failed component/unit and return it as serviceable back in the warehouse.

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